While the Dow Jones Industrial Average
/quotes/zigman/627449DJIA leveraged a 10-session win streak to take out its previous all-time closing high early in the month the broader U.S. equities index has faltered.

The S&P 500 has averaged a decline of 0.09% on the last day of March over the past 20 years based on data from FactSet.

But sold gains in the early going have the index trading 2.69 points above its closing high of 1,565.15, set on Oct. 9. 2007. The index has yet to approach its record intraday high of 1,576.09, set on Oct. 11, 2007.

The good news for bulls is that on average, April has been the best month of the year for the S&P 500. The index has averaged gains of 1.97% in April over the past 20 years, based on data from FactSet.

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